Did people in the 90s worry about the efficiency of the internet

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“Efficiency” might be the wrong word. I can’t wrap my head around how “efficient” companies are/will be as a result of AI. In the 90s when the internet became broadly available, people became “concerned” but things were still on the horizon, like the concept of AI. Now? I don’t know what is beyond AI in terms of human productivity.

So I’m confused about what the future will look like. If this level of efficiency compounds, even for a few years, we would be required to spend a compounding amount of money to match it, right? The alternative is that we move to a 4 (or 3?) day work week, or UBI, or what? If we don’t match the spending, companies will consolidate – both in terms of personnel and competition.

What is going to happen? What is next? Was there any concept similar to this 30 years ago and I’m just worried for no reason?


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